Lafargeholcim (OTCMKTS:HCMLY) Stock Crosses Below 50-Day Moving Average of $10.01

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Lafargeholcim Ltd (OTCMKTS:HCMLY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.01 and traded as low as $9.79. Lafargeholcim shares last traded at $9.79, with a volume of 102,382 shares.

HCMLY has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on Lafargeholcim in a research report on Tuesday, February 26th. They issued an “outperform” rating for the company. Deutsche Bank reiterated a “buy” rating on shares of Lafargeholcim in a research report on Tuesday, March 26th. Berenberg Bank initiated coverage on Lafargeholcim in a research report on Wednesday, April 3rd. They issued a “hold” rating for the company. Finally, UBS Group upgraded Lafargeholcim from a “sell” rating to a “neutral” rating in a research report on Tuesday, June 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Lafargeholcim has an average rating of “Hold”.

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.09 and a quick ratio of 0.80.

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About Lafargeholcim (OTCMKTS:HCMLY)

LafargeHolcim Ltd operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, North America, and internationally. It operates in four segments: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; ready-mix concrete, concrete products, asphalts, mortars, and other products and services; and construction and paving, and trading services.

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